capital · May 16, 2026
Gong Reaches $500 Million ARR Run Rate with 55% Year-over-Year Growth
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Gong reported a $500 million annual recurring revenue run rate on May 12, 2026, marking more than 55% year-over-year growth in the latest quarter. CEO and co-founder Amit Bendov noted that large enterprises now sign contracts exceeding $1 million at a faster pace than before, with half of the Fortune 10 companies as customers including Anthropic, Cisco, and Google. The company has raised $584 million total since its 2015 founding by Amit Bendov and Eilon Reshef, following a $7.25 billion valuation in 2021 and $4.5 billion secondary transactions at the end of 2025. Gong employs around 1,700 people and continues hiring while preparing for a potential IPO.